English, Article, Journal or magazine article edition: Firms as clubs in Walrasian markets with private information : technical appendix Edward Simpson Prescott; Robert M. Townsend

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Bookmark: http://trove.nla.gov.au/version/74544
Physical Description
  • preprint
Language
  • English

Edition details

Title
  • Firms as clubs in Walrasian markets with private information : technical appendix
Author
  • Edward Simpson Prescott
  • Robert M. Townsend
Physical Description
  • preprint
Notes
  • This paper proves the Welfare Theorems and the existence of a competitive equilibrium for the club economies with private information in Prescott and Townsend (2005). The proofs cover lottery economies with a finite number of goods and without free disposal. A mapping based on Negishi (1960) is used.
  • Welfare ; Competition
  • RePEc:fip:fedrwp:05-11
Language
  • English
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